The Efficiency Score of Small Accommodation Businesses in Non-Coastal Rural Areas in Greece

Small accommodation businesses dominate the rural hospitality industry, producing simple or complex tourist products and services in order to be sustainable competitive. In this paper, a two-stage data envelopment analysis (DEA) model was applied representative sample of 151 small non-coastal areas region Central Macedonia Greece. first stage, DEA-bootstrapping is estimate point interval efficiency ratios identify benchmark accommodations. The double bootstrapping truncated procedure Simar Wilson implemented second stage investigate role five business factors terms efficiency. findings suggest that businesses, although they are based where resources abound, inefficient. Moreover, results regression method showed business’s size, operating days, variety activities (simple/complex) affect inefficiency. On contrary, age their engagement agriculture not do important for entrepreneurs policy makers, will also useful adaptation increase